Navalyze · Flags · Marshall Islands
Marshall Islands flag, 2025
Ships whose port of registry belongs to Marshall Islands, as estimated from the THETIS-MRV reports for 2025, and the companies operating them. Each company counts only its ships under this flag.
At a glance
Ships
2,309
49 with a blank port, flag from another year
Emitted
13.5 million t
CO₂, all ships under the flag
Main segment
Oil tanker
4.1 million t CO₂, 518 ships
Largest operator: Scorpio
687,732 t
CO₂ of its 69 ships under the flag, 5% of the flag
Ship types under this flag
CO₂ by segment.
- Oil tanker4.1 million t
- Bulk carrier3.2 million t
- LNG carrier2.2 million t
- Chemical tanker1.5 million t
- Container933,504 t
- General cargo432,328 t
- Vehicle carrier317,252 t
- Gas carrier (LPG)282,429 t
- Cruise230,402 t
- Other198,462 t
- Offshore27,801 t
- Ro-ro25,591 t
- Con-ro5,791 t
- Combination2,907 t
- Passenger627 t
Largest companies under this flag
The 50 operators with most EU ETS allowances due for their Marshall Islands-flagged ships in 2025; the Commercial view shows the cost. Companies of one group are summed, as on the compare page; their ships under other flags are not counted here.
| # | Operator | Main segment | Shipsunder Marshall Islands | CO₂emitted, total | vs segment medianlower is better | vs similar-size shipssame segment, lower is better |
|---|---|---|---|---|---|---|
| 1 | Scorpio(69 companies) | Oil tanker | 69 | 687,732 t | −11% | −7% |
| 2 | Nakilat Shipping Qatar Ltd | LNG carrier | 16 | 651,511 t | +14% | +14% |
| 3 | Frontline(36 companies) | Oil tanker | 36 | 380,773 t | −29% | −7% |
| 4 | Columbia Shipmanagement(3 companies) | Oil tanker | 40 | 345,050 t | −9% | +1% |
| 5 | MOL(3 companies) | LNG carrier | 14 | 421,640 t | +11% | +11% |
| 6 | GENEL DENIZCILIK NAKLIYATI A.S | Oil tanker | 23 | 241,260 t | −14% | +3% |
| 7 | NCL (Bahamas) Ltd. | Cruise | 8 | 175,758 t | +57% | +57% |
| 8 | Synergy Marine(5 companies) | Oil tanker | 29 | 218,054 t | −4% | −9% |
| 9 | FLEET MANAGEMENT LIMITED | Chemical tanker | 40 | 220,147 t | −2% | −5% |
| 10 | Federal (Fednav)(5 companies) | Bulk carrier | 50 | 210,360 t | +17% | −19% |
| 11 | KYKLADES MARITIME CORPORATION | Oil tanker | 19 | 214,267 t | −22% | +6% |
| 12 | Flex LNG Fleet Management AS | LNG carrier | 11 | 222,803 t | −9% | −9% |
| 13 | TECHNOMAR SHIPPING INC-LIB | Container | 16 | 206,455 t | −11% | +9% |
| 14 | NYK | LNG carrier | 4 | 214,824 t | – | – |
| 15 | SFL(22 companies) | Oil tanker | 22 | 181,392 t | −33% | −6% |
| 16 | V.Ships(6 companies) | Oil tanker | 42 | 170,068 t | −11% | +4% |
| 17 | Shell International Trading and Shipping Company Limited | LNG carrier | 10 | 188,046 t | +22% | +17% |
| 18 | TMS Group (Economou)(2 companies) | Oil tanker | 17 | 156,640 t | −30% | +3% |
| 19 | Anglo-Eastern(4 companies) | Chemical tanker | 27 | 114,641 t | −10% | −12% |
| 20 | ''K'' Line Energy Shipping (UK) Limited | LNG carrier | 2 | 132,663 t | – | – |
| 21 | Celsius Tech Limited | LNG carrier | 8 | 126,500 t | −23% | −23% |
| 22 | Vineta Bereederungsgesellschaft mbH | Other | 10 | 107,921 t | +2% | −8% |
| 23 | OSM Thome(5 companies) | Chemical tanker | 19 | 106,456 t | −37% | −11% |
| 24 | YASA TANKER ISLETMECILIGI A.S. | Oil tanker | 12 | 107,671 t | −38% | 0% |
| 25 | Ionic Shipping(2 companies) | Oil tanker | 9 | 94,719 t | −3% | +1% |
| 26 | Pantheon Tankers Management Ltd | Chemical tanker | 10 | 82,182 t | +24% | +23% |
| 27 | Central Mare Inc | Oil tanker | 6 | 89,429 t | −14% | +10% |
| 28 | Capital Maritime Group(4 companies) | Gas carrier (LPG) | 16 | 121,273 t | −12% | −22% |
| 29 | ALPHA GAS S.A. | LNG carrier | 5 | 97,621 t | −24% | −24% |
| 30 | STEALTH MARITIME CORP. S.A. | Gas carrier (LPG) | 20 | 83,784 t | +8% | −8% |
| 31 | Navios(4 companies) | Container | 7 | 75,049 t | +9% | −3% |
| 32 | LSC | Oil tanker | 18 | 74,548 t | +6% | −1% |
| 33 | Wilhelmsen Ship Management | Other | 4 | 81,153 t | – | – |
| 34 | Oman Ship Management Company LLC | Oil tanker | 8 | 71,192 t | −48% | −6% |
| 35 | Suntech Ship management Pte Ltd | Oil tanker | 9 | 73,877 t | −34% | −14% |
| 36 | Anglo Ardmore Ship Management Pte. Ltd. | Chemical tanker | 18 | 102,022 t | −26% | +9% |
| 37 | Tsakos(2 companies) | Oil tanker | 9 | 61,872 t | – | – |
| 38 | Baffin Investments Limited | Bulk carrier | 12 | 66,593 t | +18% | −15% |
| 39 | YA-SA GEMI ISLETMECILIGI VE TICARET A.S. | Bulk carrier | 21 | 67,683 t | −17% | −13% |
| 40 | AM Nomikos Transworld Maritime | Bulk carrier | 15 | 67,660 t | −11% | −1% |
| 41 | Eurobulk(2 companies) | Container | 5 | 62,578 t | −3% | −2% |
| 42 | Dynagas Ltd | LNG carrier | 7 | 68,982 t | +38% | +38% |
| 43 | Gram Car Carriers Shipowning AS | Vehicle carrier | 15 | 60,204 t | – | – |
| 44 | Conbulk | Container | 5 | 58,566 t | +190% | +26% |
| 45 | HMM(2 companies) | Container | 3 | 61,680 t | – | – |
| 46 | Tomini Transports L.L.C | Bulk carrier | 14 | 56,485 t | +14% | 0% |
| 47 | INTERUNITY MANAGEMENT CORPORATION SA | Chemical tanker | 13 | 55,396 t | +44% | +2% |
| 48 | Bernhard Schulte(3 companies) | Bulk carrier | 9 | 56,079 t | −29% | −4% |
| 49 | Atlas Maritime Shipmanagement Ltd | Oil tanker | 7 | 51,789 t | −24% | −9% |
| 50 | Fortius Ship Management Ltd | General cargo | 12 | 43,286 t | −45% | −45% |
Show by ISM company (DoC holder) instead of group
| # | Operator | Main segment | Shipsunder Marshall Islands | CO₂emitted, total | vs segment medianlower is better | vs similar-size shipssame segment, lower is better |
|---|---|---|---|---|---|---|
| 1 | Nakilat Shipping Qatar Ltd | LNG carrier | 16 | 651,511 t | +14% | +14% |
| 2 | Columbia Shipmanagement (Deutschland) GmbH | Oil tanker | 25 | 248,386 t | −11% | −2% |
| 3 | GENEL DENIZCILIK NAKLIYATI A.S | Oil tanker | 23 | 241,260 t | −14% | +3% |
| 4 | NCL (Bahamas) Ltd. | Cruise | 8 | 175,758 t | +57% | +57% |
| 5 | FLEET MANAGEMENT LIMITED | Chemical tanker | 40 | 220,147 t | −2% | −5% |
| 6 | KYKLADES MARITIME CORPORATION | Oil tanker | 19 | 214,267 t | −22% | +6% |
| 7 | Flex LNG Fleet Management AS | LNG carrier | 11 | 222,803 t | −9% | −9% |
| 8 | TECHNOMAR SHIPPING INC-LIB | Container | 16 | 206,455 t | −11% | +9% |
| 9 | NYK LNG Shipmanagement Ltd | LNG carrier | 4 | 214,824 t | – | – |
| 10 | MOL GLOBAL SHIP MANAGEMENT PTE. LTD. | LNG carrier | 8 | 297,626 t | +19% | +19% |
| 11 | Shell International Trading and Shipping Company Limited | LNG carrier | 10 | 188,046 t | +22% | +17% |
| 12 | SYNERGY MARITIME PRIVATE LIMITED | Oil tanker | 18 | 151,453 t | −3% | −8% |
| 13 | TMS Tankers Ltd. | Oil tanker | 16 | 151,992 t | −24% | +3% |
| 14 | ''K'' Line Energy Shipping (UK) Limited | LNG carrier | 2 | 132,663 t | – | – |
| 15 | Celsius Tech Limited | LNG carrier | 8 | 126,500 t | −23% | −23% |
| 16 | Vineta Bereederungsgesellschaft mbH | Other | 10 | 107,921 t | +2% | −8% |
| 17 | YASA TANKER ISLETMECILIGI A.S. | Oil tanker | 12 | 107,671 t | −38% | 0% |
| 18 | Pantheon Tankers Management Ltd | Chemical tanker | 10 | 82,182 t | +24% | +23% |
| 19 | Central Mare Inc | Oil tanker | 6 | 89,429 t | −14% | +10% |
| 20 | ALPHA GAS S.A. | LNG carrier | 5 | 97,621 t | −24% | −24% |
| 21 | STEALTH MARITIME CORP. S.A. | Gas carrier (LPG) | 20 | 83,784 t | +8% | −8% |
| 22 | IONIC TANKERS (MGT) INC. | Oil tanker | 7 | 85,040 t | −3% | −6% |
| 23 | MOL SHIP MANAGEMENT (SINGAPORE) PTE. LTD. | Container | 4 | 93,636 t | – | – |
| 24 | LSC | Oil tanker | 18 | 74,548 t | +6% | −1% |
| 25 | V.Ships UK | Oil tanker | 15 | 76,048 t | −3% | −6% |
| 26 | Wilhelmsen Ship Management (Norway) AS | Other | 4 | 81,153 t | – | – |
| 27 | Oman Ship Management Company LLC | Oil tanker | 8 | 71,192 t | −48% | −6% |
| 28 | Suntech Ship management Pte Ltd | Oil tanker | 9 | 73,877 t | −34% | −14% |
| 29 | Anglo Ardmore Ship Management Pte. Ltd. | Chemical tanker | 18 | 102,022 t | −26% | +9% |
| 30 | Tsakos Shipping & Trading S.A. | Oil tanker | 4 | 61,872 t | – | – |
| 31 | Baffin Investments Limited | Bulk carrier | 12 | 66,593 t | +18% | −15% |
| 32 | YA-SA GEMI ISLETMECILIGI VE TICARET A.S. | Bulk carrier | 21 | 67,683 t | −17% | −13% |
| 33 | Capital Gas Ship Management Corp | Gas carrier (LPG) | 2 | 72,974 t | – | – |
| 34 | AM Nomikos Transworld Maritime | Bulk carrier | 15 | 67,660 t | −11% | −1% |
| 35 | Anglo Eastern Ship Management Pte. Ltd | Chemical tanker | 14 | 58,933 t | −10% | −17% |
| 36 | Dynagas Ltd | LNG carrier | 7 | 68,982 t | +38% | +38% |
| 37 | Gram Car Carriers Shipowning AS | Vehicle carrier | 15 | 60,204 t | – | – |
| 38 | CONBULK SHIPMANAGEMENT CORPORATION | Container | 5 | 58,566 t | +190% | +26% |
| 39 | Thome Croatia d.o.o. | Chemical tanker | 11 | 61,564 t | −38% | −16% |
| 40 | Columbia Shipmanagement Ltd | Oil tanker | 7 | 58,731 t | −19% | +16% |
| 41 | Federal Oceans Ltd. | Bulk carrier | 12 | 56,749 t | +17% | −24% |
| 42 | Tomini Transports L.L.C | Bulk carrier | 14 | 56,485 t | +14% | 0% |
| 43 | Navios Containers Management | Container | 2 | 51,029 t | – | – |
| 44 | Eurobulk Ltd | Container | 4 | 56,323 t | – | – |
| 45 | INTERUNITY MANAGEMENT CORPORATION SA | Chemical tanker | 13 | 55,396 t | +44% | +2% |
| 46 | Atlas Maritime Shipmanagement Ltd | Oil tanker | 7 | 51,789 t | −24% | −9% |
| 47 | FEDERAL CORNWALLIS LTD. | Bulk carrier | 15 | 52,221 t | +17% | −8% |
| 48 | Fortius Ship Management Ltd | General cargo | 12 | 43,286 t | −45% | −45% |
| 49 | Optra Shipping Ltd | Oil tanker | 6 | 47,640 t | −12% | −8% |
| 50 | EXECUTIVE SHIP MANAGEMENT PTE LTD | Oil tanker | 11 | 43,468 t | −3% | −11% |
- vs segment median :
- CO₂ per transport work against the median segment ship. Below 0% is better.
- vs similar-size ships :
- CO₂ per transport work of the median ship, against the median ship of the same size band in its segment (whole segment where the segment has no size bands). Below 0% is better.
EU ETS allowances are not a tax: companies buy and surrender one allowance per tonne of CO₂ in scope. Figures use the 2025 phase-in share and an EUA price of €75 per tonne, which the commercial view lets you change. The flag is estimated from the port of registry; see the Flags page.
Who verifies these ships
Verifiers of the 2025 emission reports of Marshall Islands-flagged ships, by CO₂ verified. A ship has one verifier per report.
| Verifier | Shipsunder Marshall Islands | CO₂verified, share of flag |
|---|---|---|
| DNV | 629 | 5.1 million t 38% |
| ABS | 469 | 2.9 million t 21% |
| ClassNK | 262 | 1.8 million t 13% |
| Lloyd's Register | 268 | 1.1 million t 8% |
| RINA | 57 | 455,485 t 3% |
| Bureau Veritas | 140 | 433,482 t 3% |
| Verifavia | 141 | 421,534 t 3% |
| ICS Verification Services | 124 | 340,159 t 3% |
| Korean Register | 35 | 269,032 t 2% |
| EMICERT | 56 | 231,285 t 2% |
| China Classification Society | 59 | 198,723 t 1% |
| Polish Register of Shipping | 50 | 171,334 t 1% |
| Swiss Climate | 7 | 34,279 t 0% |
| Dromon Bureau of Shipping | 8 | 24,647 t 0% |
| EnvService | 2 | 10,913 t 0% |
| Phoenix Register of Shipping | 1 | 2,686 t 0% |
| Control Union | 1 | 627 t 0% |